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Morning after the merge...
— Haseeb ＞|＜ (@hosseeb) September 15, 2022
What now guys?
3AC watching the merge from afar must feel like a kid being grounded on the 1st day of summer, watching all his neighbors play outside without him
— Psycho (@AltcoinPsycho) September 15, 2022
"This is the first step in Ethereum's journey in being a mature system"
— RYAN SΞAN ADAMS - rsa.eth 🦇🔊 (@RyanSAdams) September 15, 2022
"To me the merge symbolizes the difference between early stage Ethereum and the Ethereum we've always wanted"@VitalikButerin's first words after the merge.
The block times of the last 100 blocks!
— Martin Köppelmann 🇺🇦 (@koeppelmann) September 15, 2022
Amazing stability after the merge! Only 1 missed block.
This is really the best case scenario! pic.twitter.com/dV1PF70vCL
I can’t help but feel that the Ethereum Merge is their S2X moment. Where #bitcoin defended against a push for centralisation, Ethereum has failed.
— Peter McCormack 🏴☠️ (@PeterMcCormack) September 15, 2022
The consequences will likely be felt some time down the road.
(See below for patronising Udi comment).
this is the top comment on the top post on HN pic.twitter.com/MK5wHuAJxA
— suzuha ⚡🌙 (@dystopiabreaker) September 15, 2022
I got the first transaction
— The Transition (@0xTransition) September 15, 2022
One important corollary of this is better EIP 1559 performance (because fewer blocks bump up against the 2x limit). So far, the percentage of full blocks has dropped from ~20% to ~10%.https://t.co/qmCkqzYn2z https://t.co/8ZzlPunGEZ
— vitalik.eth (@VitalikButerin) September 15, 2022
Mazel tov Vitalik, core eth devs, and the whole @ethereum community on this huge achievement!
— Ethan Buchman (@buchmanster) September 15, 2022
Welcome to Proof of Stake! https://t.co/MtoI1UuIHd
the merge has only convinced me further that the intellectual state of the btc community is truly in shambles. the high-quality people who remain (e.g. bitmex research) are mostly covering ethereum now. I still love Bitcoin very much and hope for a restorative movement.
— Hasu⚡️🤖 (@hasufl) September 15, 2022
so the eth merge wound up having basically no price impact? that was the one possibility i didn't see folks talking about
— alex (@alex) September 15, 2022
"The merge will reduce worldwide electricity consumption by 0.2%" - @drakefjustin
— vitalik.eth (@VitalikButerin) September 15, 2022
ETH MERGE 🐼✅
— olimpio.lens ⚡️ (@OlimpioCrypto) September 15, 2022
Congrats to the Ethereum community for their hard work all these years.
Record this moment - a few historic POAPs / Mints right now 👇 pic.twitter.com/1xL4nSB7Hv
That was so smooth!
— Viktor Bunin 🛡️ (@ViktorBunin) September 15, 2022
It's almost like spending years researching, pivoting roadmaps, funding multiple client teams, iterating methodically, launching in stages, commissioning audits, thoroughly testing, formally verifying, and conducting dozens of dry runs worked 🤔
9/ Additionally, I think the narrative on PoW will change over time.
— Dan McArdle (@robustus) September 9, 2022
The ESG-based attacks are ludicrous on many levels, and enough people (& politicians) will see that eventually, and the remaining haters will matter even less.
And we finalized!
— vitalik.eth (@VitalikButerin) September 15, 2022
Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
I’ve said this before so many times, you need to have conviction and patience to survive early stage projects. Today is in many ways day one for a new Ethereum network. It’s going to take a while before the world realises how incredible that is.
— kain.eth (@kaiynne) September 15, 2022
Someone just paid 36 ETH in gas to mint this
— Cirrus (@CirrusNFT) September 15, 2022
The first minted NFT on proof of stake pic.twitter.com/zKUKI06EjH
Holy shit congrats and thank you to everyone who worked so hard in making the merge a success. Feeling emotional seeing the Ethereum community come together for this moment and how far it has come ❤️
— Linda Xie (@ljxie) September 15, 2022
Wait, I thought it was decentralized? https://t.co/tVFvQIw92X
— Digital Asset Investor (@digitalassetbuy) September 15, 2022
Ethereum Merged!
— Matt Huang (@matthuang) September 15, 2022
Beyond the apropos excitement for Ethereum and its future (withdrawals! 4844! etc)…
A massive technical achievement by an open & decentralized community over 8+ years.
Incredibly bullish on crypto communities as *new institutions* that can build Great Things.
The first block on PoS had a block reward of 45 Ether!https://t.co/IW35krTJ7xhttps://t.co/as0fTQYxl6 pic.twitter.com/8g7gbu5Ivt
— prestonvanloon.eth (@preston_vanloon) September 15, 2022
Needless to say, neither side should annoy each other.
— 6529 (@punk6529) September 15, 2022
BTC and ETH have 100x more in common with each other than the existing systems and should be happy for each other to succeed.
Each have taken their bet, it is now time to build adoption, the only thing that matters.
Can't say enough about all of the builders, researchers, coordinators and more that made this all happen.
— eric.eth (@econoar) September 15, 2022
It's an absolutely incredible feat to transition a globally used blockchain to PoS without most end users even noticing or having to do anything.
Truly incredible. Cheers.
Eth folks already RTing one of the most aggressive and misleading esg trolls isn't great pic.twitter.com/hmDCFbYur2
— Dan McArdle (@robustus) September 15, 2022
Even though we are usually focused on short term price action, the benefits of the Merge will be felt gradually. Much smaller emissions will ease of of the selling pressure. And the reduced energy cost will open the door for institutions to invest without concern.. $ETH
— CoinMamba (@coinmamba) September 15, 2022
BREAKING: Ethereum has just ended its environmentally harmful PoW mining.
— Digiconomist (@DigiEconomist) September 15, 2022
The network's electric power demand is likely reduced by 99.98%, which comes down to possibly as much as a country like Austria requires. CO2 savings may equal global CO2 reductions by EVs.
When Bitcoin? https://t.co/B98OyoBqbS
Merging right into the foodstamps line pic.twitter.com/8W5PSj1RBV
— Frank Chaparro (@fintechfrank) September 15, 2022
Practically nobody outside of a nerdy niche of technical crypto folks actually cares about what consensus mechanisms secure a given network.
— Jameson Lopp (@lopp) September 15, 2022
A decade of history and experimentation has shown as much.
All that matters in the long term is the game theory; the game is afoot!
THE MERGE pic.twitter.com/7tdfNZiuuv
— beeple (@beeple) September 15, 2022
it is official.
— 6529 (@punk6529) September 15, 2022
congratulations to everyone who worked on this.
and you can all go to bed now! https://t.co/VKoz68RG97
Greatest feat of decentralized coordination we'll ever see
— Kanav Kariya (@KanavKariya) September 15, 2022
Mind breaking to think of the years of work and logistical coordination across hundreds of institutions to pull this off
All in an endeavor to come to consensus on a few megabytes of state every minute. Incredible https://t.co/HmRsPVLbOc
Truly an incredible technological feat – congrats Ethereum community on the merge!
— Brad Garlinghouse (@bgarlinghouse) September 15, 2022
Ethereum switched to PoS at last. Doesn’t address crypto’s ugly political maladies, and of course it’s only one of many crypto ecosystems. But credit where due: this an important start toward addressing the sector’s dreadful climate impact. https://t.co/Vcs9k97Tcj
— Cennydd Bowles (@Cennydd) September 15, 2022
well done to Ethereum on finally getting off PoW https://t.co/hRvhQnDayC
— your #1 source for absurdist true crime 🐍👑 🌷 (@davidgerard) September 15, 2022
Merge successful. POS activated.
— CZ 🔶 Binance (@cz_binance) September 15, 2022
We are all still here.
The only way Bitcoin 'accelerates the world to renewable energy' is by
— DavidHoffman.eth 🦇🔊🏴 (@TrustlessState) September 15, 2022
1. Placing huge demand on renewable energy
2. Then sending its own demand to 0, so the rest of the world can access the newly abundant supply
Kind of like what #Ethereum just did
How am I supposed to make a video on the merge if it went that smoothly? https://t.co/2pNkAlBTfe
— joma 🤏 (@jomaoppa) September 15, 2022
The current stock-to-flow of various assets (higher is better):
— Eric Wall X 🏴 (@ercwl) September 15, 2022
Platinum: 0.4
Palladium: 1
Diamonds: 19
Dogecoin: 24
Litecoin: 26
Silver: 33
Gold: 58
Bitcoin: 58
ETH: 195
Ethereum, the second most capitalized cryptocurrency, successfully passed The Merge update.
— NekoZ (@NekozTek) September 15, 2022
This merged the Beacon Chain and the core network into one. #Ethereum now runs on the PoS consensus algorithm. pic.twitter.com/mAB8eS5Xh7
ETH PoW is trading at $27 (1.7%). The daily rewards are 13100 ETH, $354k instead of $20m. There is no way miners can just ”keep mining” the ETHPoW chain, no matter how you adjust the difficulty. There simply aren’t enough rewards in the system to pay for the electricity bills.
— Eric Wall X 🏴 (@ercwl) September 15, 2022
I DO NOT GIVE VITALIK PERMISSION TO MERGE MY ETH
— foobar (@0xfoobar) September 14, 2022
Did you know you can opt out of the merge? By Ethereum law you can refuse to be a part of the experiment. Repost this to spread awareness, and tag @VitalikButerin to let him know he does not have permission to merge your ETH
Do Kwon is going to jail and The Merge finalized. Greatest day in Crypto history,
— EthereumJesus.eth⟠🙌🏻🦇🔊 (@EthereumJesus) September 15, 2022
ETHW airdropped on FTX
— Cobie (@cobie) September 15, 2022
🐼🐼🐼🐼🐼🐼🐼🐼🐼🐼🐼
— Abdel#1559 a.k.a The StarkPiller ✨ 🐺 (@dimahledba) September 15, 2022
And we merged!
Happy merging to the whole #Ethereum community.
This instant will marke the history!#TheMerge
🐼🐼🐼🐼🐼🐼🐼🐼🐼🐼🐼
A moment and milestone to remember. Congratulations to the builders who navigated enormous technical complexity. You should be incredibly proud. https://t.co/EfVwCBrO2p
— Emin Gün Sirer🔺 (@el33th4xor) September 15, 2022
We just finalized the merge epoch. Finalized the #Ethereum chain with proof-of-stake enabled
— rauljordan.eth (@rauljordaneth) September 15, 2022
Congratulations to the entire Ethereum team on a successful merge. This is a historic moment for us all and a big step in scaling Ethereum to it's first billion users. We hope you're celebrating this morning, we sure are!🍾cc: @VitalikButerin, @TimBeiko, the @ethereum foundation.
— Yuga Labs (@yugalabs) September 15, 2022
1/ The path toward the Merge wasn't something that could have been predicted from the start. It took real growth, an evolution of ideas and research, a flourishing number of developers and contributors, a more diverse client community, and a maturing system of self governance
— Aya Miyaguchi (ayamiya.eth) (@AyaMiyagotchi) September 15, 2022
The merge transition block has been officially justified (halfway to finalization). One more 6-minute epoch, and then the merge will be finalized!
— foobar (@0xfoobar) September 15, 2022
ETH just pivoted it’s business model. Time will tell how successful this pivot is but I am on the side of the environmentally conscious and I am buying more ETH every day.
— EvanLuthra.eth (@EvanLuthra) September 15, 2022
LFG! Moon landing imminent! 🌚 🚀 https://t.co/c6UTvnzy5c
Leadership.
— tobi lutke (@tobi) September 15, 2022
Vitalik moves etherium forward by merit borne legitimacy and nothing else. This is extremely rare. https://t.co/GEJfUfTyea
LFG pic.twitter.com/ohOuse6RYQ
— Darren Lau (Lau, Lau) 👘 (@Darrenlautf) September 15, 2022
The "Ethereum never ships" narrative is ☠
— DavidHoffman.eth 🦇🔊🏴 (@TrustlessState) September 15, 2022
Congrats to everyone that survived the merge. You are officially an OG in this space.
— Hustler (@0xHustler) September 15, 2022
I guess Ethereum can ship.
— RYAN SΞAN ADAMS - rsa.eth 🦇🔊 (@RyanSAdams) September 15, 2022
Who knew.
You gonna doubt sharding next?
There is no alternative to #Bitcoin.
— Michael Saylor⚡️ (@saylor) September 15, 2022
You make the commitment and nature will respond to that commitment by removing impossible obstacles. Dream the impossible dream and the world will not grind you under, it will lift you up. This is the trick.https://t.co/JGGr8vrcDK
— vanityblocks.eth (✨,🛢️) (@VanityBlocks) September 15, 2022
1/ 🎊 Congratulations to @ethereum on making the Merge a reality. After years of preparation, Ethereum is transitioning from a proof-of-work to a proof-of-stake consensus mechanism. It is going to be an exciting time for Ethereum, all #ETH Maxi’s, and the crypto space in general.
— DappRadar (@DappRadar) September 15, 2022
Congrats #Ethereum, the 2nd largest #cryptocurrency, for moving to the greener “Proof of Stake” process for validating transactions. This will save as much energy as entire countries use!https://t.co/q567VZE601
— Steve Westly (@SteveWestly) September 15, 2022
Ethereum merge completed, block finalization to come shortly: https://t.co/EwcqClTDCH 🐼 @dannyryan
— MacKenzie Sigalos (@KenzieSigalos) September 15, 2022
Ethereum's massive software upgrade just went live — here's what it does https://t.co/e7zKteYX9e
— CNBC (@CNBC) September 15, 2022
しかし話題にならなかったな。この話題で盛り上がらないの!?となるのCrypto winterを感じる。でもまだ真冬前な様なhttps://t.co/XpH9V1rtLf
— touya (@touya_huji) September 15, 2022
Big moment for crypto as Ethereum finally completes its long awaited "merge." Should slash network energy consumption by an estimated 99%, making ether more attractive to institutional investors with deep pockets. @KenzieSigalos has the story: https://t.co/J9IFZSliP4
— Ryan Browne (@Ryan_Browne_) September 15, 2022
So, I wonder if this will help lower gas fees? will it also lower NFT values?https://t.co/TVY0q03gbf#nft #nfts #NFTCommunity #NFTcollections pic.twitter.com/DckNtwRsb3
— Paul's NFT Experiment (@Pauls_NFTs) September 15, 2022
" Crypto’s Long-Awaited ‘Merge’ Reaches the Finish Line.
— Yang | Micropets (@xYang1337) September 15, 2022
Ethereum, the most popular cryptocurrency platform, completed its much-anticipated switch to a more energy-efficient infrastructure."
Read more 👇https://t.co/IMDZcqjl70#EthereumMerge #ETHMerge #ETH #CryptoNews #PoS pic.twitter.com/KGsb77C1Gp
Finally! And not a moment too soon. @ethereum switches to #ProofOfStake and estimates say the global energy usage will most likely exceed 99%!!https://t.co/P1IH7mk9Xx
— Anna R. Kelles (@annakelles) September 15, 2022
Are you ready for the “merge”? #cyypto #Ethereum #merge #Web3 https://t.co/dIKlCAjVUS
— epilkington (@epilkington) September 15, 2022
.@matt_levine, of course, with the definitive explainer on the merge and what it means for crypto’s relationship with the market https://t.co/DUMDNH3se5 pic.twitter.com/CwAyCASoZg
— Derek Robertson (@afternoondelete) September 14, 2022
When I am working on Money Stuff, maybe I will work longer, but it will compensate me with more holidays. I will be the fresh one on live newsletters, I will have more time to think and be creative. https://t.co/XJDOCwxZyg
— Matt Levine (@matt_levine) September 14, 2022
매트 레빈 칼럼: 현재 트위터 주가는 약 40달러 초반인데, 이에 따르면 시장은 머스크의 주당 54.20달러 인수건에 대해 과반은 어떤 형태로든 인수가 성사될 것이라 평가하고 있다고 해석. https://t.co/5LPCCkCFwr pic.twitter.com/V8EiN4TvzZ
— Paranal (@nagato708) September 14, 2022
Crypto has reinvented interest, but from entirely different principles https://t.co/FfdEvQ4HKK via @opinion
— Bloomberg Crypto (@crypto) September 15, 2022
Crypto has reinvented interest, but from entirely different principles https://t.co/czIVa6lQm8 via @opinion
— Bloomberg Crypto (@crypto) September 14, 2022
Today, the second largest cryptocurrency, Ethereum, moved from proof-of-work to a proof-of-stake consensus mechanism.
— Dr. Robert Rohde (@RARohde) September 15, 2022
This transition, years in the making, immediately slashes Ethereum's energy usage to almost nothing (-99.95%). Good job ETH.https://t.co/3d0HPLIBFd
History has been made. A massive congratulations to all that made the @ethereum merge smooth and successful! 🚀https://t.co/4WvA1YDY6B
— Provide (@provideplatform) September 15, 2022
The payoff is potentially gigantic. @ethereum should now consume 99.9% or so less energy. It's like Finland has suddenly shut off its power grid.
— CRYPTONITE CAPITAL (@cryptonitecap_) September 15, 2022
This will also make the network more secure and scalable.https://t.co/ayAggQ35Oa
A new era for the second-biggest blockchain 😳😳😳😳https://t.co/ZmJ6d3DFcC
— Savage Patch (@SavagePatchNFT) September 15, 2022
Congratulations on The Merge with the Proof-Of-Stake!👏 Looking forward to the WAGMI future!
— HyperNation (@HyperNation8) September 15, 2022
Read more👉https://t.co/5NTnb8V5vv#HyperNation #WAGMI #Ethereum #EthereumMerge #ETHMerge
Gm apes
— Alpha Apes (@alpha_apes_nft) September 15, 2022
Who watched the Eth Merge 🖐️https://t.co/v4VOKMLI0o#ETHMerge #Ethereum #ETH #cryptocurrency #Cryptos
The Ethereum Merge Is Done, Opening a New Era for the Second-Biggest Blockchain.
— Labs Latam (@LABS_Chile) September 15, 2022
Ethereum should now consume 99.9% or so less energy.#BLOCKS $HMBLhttps://t.co/PUMbyUG1yI via @coindesk
The Ethereum Merge is done. 🚨 🚨 🚨
— ARCULUS (@thisisarculus) September 15, 2022
"The payoff is potentially gigantic. Ethereum should now consume 99.9% or so less energy. It's like Finland has suddenly shut off its power grid, according to one estimate."https://t.co/jnqY2jVuLF
There is no better high-level story on Ethereum's #Merge than @skesslr's.
— Michael J. Casey (@mikejcasey) September 15, 2022
This was a historic moment for crypto. Sam's account captures that significance in a way that speaks to seasoned observers and newbies alike. https://t.co/IeQmbfK9DH
Ethereum's massive software upgrade just went live — here's what it does. https://t.co/K0MJKXxy4q
— CNBC (@CNBC) September 15, 2022
Proof of Work:
— Change The Code (@CleanUpBitcoin) September 15, 2022
❌outdated
❌wasteful
❌intentionally inefficient
Proof of Stake:
✅more secure
✅less energy-intensive
✅better for implementing new scaling solutions
It’s time for Bitcoin to stop fueling the climate crisis and come clean.
https://t.co/Kl8UP0tJOm
Clip was from this. https://t.co/wVciS2AZHn
— Matt Boyd (@3PSboyd) September 15, 2022
𝐓𝐡𝐞 𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐌𝐞𝐫𝐠𝐞 𝐈𝐬 𝐃𝐨𝐧𝐞, 𝐎𝐩𝐞𝐧𝐢𝐧𝐠 𝐚 𝐍𝐞𝐰 𝐄𝐫𝐚 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐒𝐞𝐜𝐨𝐧𝐝-𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧
— THE ROUND TABLE (@LFGTRT) September 15, 2022
The Ethereum Merge is officially complete and finalized.
Read more on CoinDesk: https://t.co/lsCpa79MMN pic.twitter.com/uTwx0T9Bgn
"Ethereum should now consume 99.9% or so less energy. It's like Finland has suddenly shut off its power grid, according to one estimate." Huge step towards a greener blockchain. #EthereumMerge #Crypto #CryptoNews #GreenCrypto https://t.co/q8Kd4IhkZ7
— Element United Blockchain (@GoElementUnited) September 15, 2022
For all my solana frens: @skesslr had a great write-up on the Merge if you feel like you don't know what's happening and it is too late to ask https://t.co/yANrVybuCS
— gostak 🟣 (@gostak_gm) September 15, 2022